DINAR REVALUATION

Tuesday, January 28, 2025

MARKZ: "They are “positioned “ for this week to be finished…funding is prepared!"#iraqidinarinvestor

Iraq’s FM: Trump didn’t threatened Iraq, 28 JAN

Iraq’s FM: Trump didn’t threatened Iraq

Shafaq News/ Iraqi Foreign Minister Fouad Hussein on Monday denied any threats from US President Donald Trump against the Iraqi political system.

Hussein clarified that "we have not heard any threats from the new US administration toward Iraq" during a dialogue session in Baghdad.

The foreign minister also emphasized that improving relations with neighboring countries is a fundamental principle, noting that Iraq's mediation between Saudi Arabia and Iran "has had a positive impact on the internal situation in Iraq."

Hussein stressed that Iraq's security is tied to regional security, and vice versa. He also highlighted Iraq's strong relations with Western countries, pointing out that Iraq has historical ties with Britain, and the recent agreement with Britain covers all aspects and strengthens the relationship.

Additionally, Hussein announced that the fifth round of strategic talks with the United States would be broad and include several committees.

Regarding Iraq's economic ties with China, Hussein mentioned that trade exchanges between the two countries have reached $50 billion.

TIDBIT FROM CLARE, 28 JAN

Clare

Article: "Coordination Framework: No enmity with Trump and America, but we are friends"

Quote: "The Coordination Framework, which brings together the Shiite political forces forming the government of Mohammed Shia al-Sudani, confirmed on Monday that it is not afraid of the new US President, Donald Trump...The framework's representative, Ali Nima, told Shafaq News Agency,

'The framework has no fears of Trump, and promoting fears about imposing any sanctions on Iraq is unrealisticand far from reality. Baghdad and Washington have good relations...We are seeking and working to strengthen this relationship during the next phase.'.. .

Trump's new team also includes the most ardent opponents of the Iranian axis, and is deeply resentful of the previous administration of Joe Biden and the administration of Barack Obama,considering that these two administrations handed Iraq over to Iran, after the withdrawal and after a series of negotiations."

EXCERPTS FROM MARKZ: A number of international sources say today it is ON!! @DINARREVALUATION

Signing a memorandum of understanding to establish Iraqi companies with joint capital with the Emirates, 28 JAN

Signing a memorandum of understanding to establish Iraqi companies with joint capital with the Emirates

Financial cooperation between Baghdad and Abu Dhabi

Prime Minister Mohammed Shia Al-Sudani sponsored, today, Monday, the signing of a memorandum of understanding between the Iraqi Securities Commission and the Abu Dhabi Securities Market, to enhance cooperation and financial services. In light of the memorandum, Emirati investments will be encouraged in establishing Iraqi companies with Emirati-Iraqi capital, and research into trading them in both markets.

Al-Sudani's office in a statement:

Prime Minister Mohammed Shia Al-Sudani received today, Monday, the CEO of the Abu Dhabi Securities Market, Mr. Abdullah Salem Al-Nuaimi.

During the meeting, ways of joint cooperation in the field of exchanging expertise and developing mechanisms for expanding private sector activities to achieve economic growth were discussed.

The Prime Minister sponsored the signing ceremony of a memorandum of understanding between the Securities and Exchange Commission and the Abu Dhabi Securities Market. The agreement was signed on the Iraqi side by the Chairman of the Securities and Exchange Commission, Mr. Faisal Wissam Al-Haims, and on the Emirati side by Mr. Abdullah Al-Naimi.

The MoU includes axes of cooperation in several areas, the most important of which are enhancing and developing the monitoring of daily trading in the market, and brokerage firms, cooperation in the field of dual listing conditions and mechanisms, and in developing and using technological applications and applications and mechanisms for subscriptions and initial listings, as well as in the field of cases of suspending trading on shares and timings for re-trading, and the requirements for licensing REIT funds.

The memorandum also included the exchange of expertise in the field of training, especially the activities of supervision and information technology, trading and clearing, digital transformation and financial analysis, depositing, managing funds and portfolios and supervising them, cooperation in the field of Islamic bonds and sukuk, depositing, settlement and independent financial services, and the requirements and mechanism for opening accounts for foreign investors from outside the country.

In light of the memorandum, Emirati investments will be encouraged in establishing Iraqi companies with Emirati-Iraqi capital, and their trading in both markets will be explored. link

TIDBIT FROM MARKZ, 28 JAN

MarkZ

[via PDK]

I think things are moving along nicely. Rumors over the weekend ...with a couple of my biggest bond contacts are saying they now expect theirs somewhere around February 10th. Some of these bigger ones could be “post RV though”...

There are different pots of money paying different things. There are also rumors it could happen tonight.

Remember they cloud things so we do not know the timing...We know they are moving at a much quicker pace …and I was told the US is pressuring Iraq to complete it. This is a first. America really needs this…financially we are in a heck of a mess.